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* OPEC supply cuts to stabilise oil prices in 2009
* U.S. crude to retain premium over Brent in 2009
* Oil to recover to $66 a barrel in 2010
By Joe BrockLONDON, March 25 (Reuters) - U.S. crude oil should average nearly $50 a barrel in 2009, as OPEC production cuts establish a floor under prices, but economic weakness will limit gains, a Reuters poll showed on Wednesday.
The consensus forecast in the poll of more than 30 analysts fell to an average for 2009 of $49.73 per barrel of U.S. crude oil, down from $51.52 in the previous poll in February.This is the ninth poll running that forecasts have fallen but it is the smallest decline among these polls.
Read the full article here.
* U.S. crude to retain premium over Brent in 2009
* Oil to recover to $66 a barrel in 2010
By Joe BrockLONDON, March 25 (Reuters) - U.S. crude oil should average nearly $50 a barrel in 2009, as OPEC production cuts establish a floor under prices, but economic weakness will limit gains, a Reuters poll showed on Wednesday.
The consensus forecast in the poll of more than 30 analysts fell to an average for 2009 of $49.73 per barrel of U.S. crude oil, down from $51.52 in the previous poll in February.This is the ninth poll running that forecasts have fallen but it is the smallest decline among these polls.
Read the full article here.